Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.2
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2020
Accounting Policies [Abstract]  
Schedule of disaggregation of Company's revenue
The below table disaggregates the Company’s revenue by type of service for the three and nine months ended September 30, 2020 and 2019 (in thousands, unaudited):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2020 2019 2020 2019
Minimum rent $ 11,515  $ 12,035  $ 35,179  $ 36,462 
Tenant reimbursements - variable lease revenue 3,274  3,262  9,703  9,999 
Percentage rent - variable lease revenue 85  69  242  258 
Straight-line rents 339  134  838  142 
Lease termination fees 100  —  174  49 
Other 108  180  613  497 
     Total 15,421  15,680  46,749  47,407 
Credit losses on operating lease receivables (457) (115) (1,042) (315)
     Total $ 14,964  $ 15,565  $ 45,707  $ 47,092 
Schedule of corporate general and administrative expenses A detail for the "corporate general & administrative" line item from the condensed consolidated statements of operations is presented below (in thousands, unaudited):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2020 2019 2020 2019
Professional fees $ 241  $ 444  $ 2,186  $ 1,371 
Compensation and benefits 321  455  1,103  1,562 
Corporate administration 309  326  934  934 
Advertising costs for leasing activities 32  35  84  198 
Other 177  89  260  478 
    Total $ 1,080  $ 1,349  $ 4,567  $ 4,543